Oil Sands Truth: Shut Down the Tar Sands

Economics

Economics

Economics drive tar sands operations. Record highs in oil prices, though still fluctuating, will make tar sand oil ‘economical’ (read: profitable) well into the future. Government subsidies to this environmentally disastrous process remain in place from a time when the federal government was sponsoring research into the possibility of recovering this oil. Stock prices of tar sands developers grow the more conventional oil is scarce.

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Economics drive tar sands operations. Record highs in oil prices, though still fluctuating, will make tar sand oil ‘economical’ (read: profitable) well into the future. Government subsidies to this environmentally disastrous process remain in place from a time when the federal government was sponsoring research into the possibility of recovering this oil. Stock prices of tar sands developers grow the more conventional oil is scarce.

Keystone Pipeline Bad For Canada, Lawyer Says

Keystone Pipeline Bad For Canada, Lawyer Says
Jun, 21 2007 - 2:30 PM
http://www.770chqr.com/news/news_local.cfm?cat=7428436912&rem=68315&red=...

CALGARY/AM770CHQR - The lawyer representing Canada's largest energy workers union has told Calgary hearings on a massive pipeline project, it's a bad deal for Canada and Canadians.

The Keystone Pipeline would export half a million barrells per day of raw bitumen from the Alberta oilsands to the U.S.

South Dakota: Keystone Pipeline Hearings Begin Monday

Keystone Pipeline Hearings Begin Monday
http://www.keloland.com/News/NewsDetail6371.cfm?Id=0,58147
06/22/2007

Plans to build a 220 mile underground oil pipeline in eastern South Dakota have unearthed plenty of questions from landowners affected by the project. They'll have a chance to get some answers during a series of public meetings next week.

Chinese National Petroleum Corp. Admits to Owning leases in Tar Sands

China leases a bit of Alberta's oil patch
State-owned CNPC buys rights to develop oil sands properties

NORVAL SCOTT
http://www.theglobeandmail.com/servlet/story/LAC.20070622.RCNPC22/TPStor...
June 22, 2007

EDMONTON -- In a possible first step toward becoming a producer of Canadian crude, the Chinese National Petroleum Corp., China's largest oil company, revealed yesterday that it has acquired some land in Alberta, with the intention to eventually develop an oil sands project if possible.

Qatar/ Gulf Times on the Tar Sands going International

Canada oil sands lure global majors
Published: Thursday, 21 June, 2007, 01:45 AM Doha Time
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=156432...

FORT MCMURRAY, Canada: With world oil prices hovering at near nine-month highs and global energy firms flush with cash, analysts are predicting that control of Canada’s booming oil sands sector could soon fall into foreign hands.
Foreign bids worth tens of billions dollars are expected in the coming years as global oil companies look for new opportunities, say analysts.

Woodland Cree Challenges Shell Tar Sands Expansion--Seeks to Prevent Another Ft. McMurray Disaster

Woodland Cree First Nation
Jun 22, 2007
http://www.marketwire.com/2.0/release.do?id=745361

Woodland Cree First Nation Challenges Shell Oil Sands Expansion-Seeks to Prevent Another Ft. McMurray Disaster

PEACE RIVER, ALBERTA--(Marketwire - June 22, 2007) - On June 25, 2007, the Woodland Cree First Nation ("WCFN") will file an intervention with the Alberta Energy and Utilities Board ("EUB") with regard to Shell Canada's Carmon Creek Oil Sands project located near Peace River, Alberta.

The Pentagon Vs. Peak Oil

How Wars of the Future May Be Fought ...
Just to Run the Machines That Fight Them

by Michael T Klare

WorkingForChange (June 14 2007)

Sixteen gallons of oil. That's how much the average American soldier in
Iraq and Afghanistan consumes on a daily basis - either directly,
through the use of Humvees, tanks, trucks, and helicopters, or
indirectly, by calling in air strikes. Multiply this figure by 162,000
soldiers in Iraq, 24,000 in Afghanistan, and 30,000 in the surrounding
region (including sailors aboard US warships in the Persian Gulf) and

Texas firm plans America's first new oil refinery in over 30 years

The Associated Press State & Local Wire
June 14, 2007 Thursday 5:26 PM GMT
SECTION: BUSINESS NEWS
Texas firm plans nation's first new oil refinery in over 30 years
By DIRK LAMMERS, Associated Press Writer

ELK POINT S.D.

Thousands of acres of farmland in the southeastern tip of South Dakota could become
home to the nation's first new oil refinery since 1976.

Hyperion Resources Inc., a privately held Dallas-based energy company, is
considering Elk Point and several other Midwest sites for the $8 billion refinery,

Enbridge CEO Interview: Gateway, China, Canada and more

Enbridge CEO on what's wrong with Canada's DNA
http://www.theglobeandmail.com/servlet/story/LAC.20070611.RDANIEL11/TPSt...
GORDON PITTS

June 11, 2007

CALGARY -- Patrick Daniel has the classic CV of an energy CEO - prairie upbringing, strong engineering education, and a varied career amid the cycles of the oil patch. Now 60 and head of pipeline giant Enbridge Inc., he is a critical link in the supply chain between Canada's oil producers and major North American markets. Mr. Daniel talks about this role, and the challenges in pushing Canadian thinking beyond this continent.

National Post doing Tar Sand Damage Control

Such damage control is very important to undertake, especially when sea-changes in public opinion are underway as they are. Many of the "inconvenient spew" of this articles "talking points" are ridiculous. The suggestion that "Americans" have asked for tarsands to be ramped up would convince me if I thought that the average American knew where the Tarsands even were, let alone that he or she wants more from them.

This is, bottom line, proof we are getting somewhere. Let's keep moving; where we are coming from holds nothing.

--M

Oilsands gain a dirty name

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